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Farm exports: Government can still put curbs on key items; organic, processed ones freed

However, the growth again slowed down to just over 2% to $18.6 billion in H1FY19, trailing a double-digit rise in overall merchandise exports. The cabinet committee on economic affairs (CCEA) on Thursday approved an agriculture export policy that proposes to keep the outbound shipment of ...

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Thailand eyes new rice sales in push to 11m-tonne target

A weaker baht pushed rice export prices in Thailand lower this week, although there were expectations of new deals with the Philippines and China, while rates in India languished at the 21-month lows hit last week due to sluggish demand. In Thailand, benchmark 5% broken rice prices were quoted at $380-$400 ...

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Rabi crops may face weather risk

Despite the fact that the market prices of many kharif season crops such as oilseeds and pulses are currently ruling below the specified minimum support price (MSP), the underlying inflation expectations have not waned. This is because of the elevated levels of crude oil prices combining with a weak currency. It ...

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Asia Rice: Dip in Indian rates on rupee weakness dulls Vietnam offers

Rice export prices in India fell this week as the rupee weakened, with the drop in rates from the top exporter also weighing on demand for the Vietnamese variety. Rates for India’s 5 percent broken parboiled rice fell by $3 per tonne to $389-$393 per tonne this week. “Rupee depreciation is allowing ...

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Kharif 2018: Report casts cloud on crop output on rainfall pattern

Rice and pulses to see marginal fall, negative impact of rain deficit on vegetables Production of rice, maize and pulses during kharif 2018 may fall marginally from the level seen last summer unless rainfall patterns improve, a group of analysts at HDFC Bank said on Thursday, but added that a clearer ...

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High earnings last year drive farmers to grow more basmati

Basmati rice is set to gain acreage in India, largest exporter of the premium rice, as the farmers earned higher remuneration in the last season. Farmers in basmati-belt states are growing more of the cereal instead of cotton and regular rice compared to the last year. The forecast of normal monsoon ...

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Thai, India rice prices hurt by weaker currencies

BENGALURU, India: Rice prices in top exporter India fell this week to their lowest in five months as the rupee depreciated, while rates in Vietnam hit a four-year high amid stronger demand and limited supplies. India's 5% broken parboiled variety prices dropped by $3 to $404-$408 per tonne. The continuous correction in ...

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India rice exports seen surging to record as Bangladesh boosts buying

India’s rice exports likely jumped 22 percent in 2017 to a record 12.3 million tonnes as neighbouring Bangladesh ramped up purchases after flooding hit its crops, industry officials told Reuters. The boost in shipments from the world’s top exporter of the grain is set to extend into 2018 as Bangladesh and ...

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Rice exports at record high in 2017

Rice exports hit an all-time record in 2017, increasing by 14.77% this year to at least 11.25 million tonnes as of Dec 27, the Ministry of Commerce said. The price per tonne has risen above US$1, 000 for popular Jasmin fragrant rice, or hom mali. Sales revenue showed significant growth of around ...

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Thailand Join Forces With Alibaba In Selling Thai Rice Online

The Thai Agriculture Ministry has joined hands with Alibaba to promote Thai jasmine rice to Chinese consumers through the online channel, Thai News Agency (TNA) reported. Deputy Agriculture and Cooperatives Minister Chutima Bunyapraphasara said after attending "TMALL 11.11 Thai Hom Mali Rice Promotion" in Hangzhou, the capital and most populous city ...

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